Help & FAQs

What happens to the deceased assets once the bereavement process is complete?

The beneficiary has the option to:

Liquidate the Portfolio - Assets will be sold (standard trading fees will apply) and cash sent once trades settle.

Transfer to a Selftrade Dealing Account - If the beneficiary has a Selftrade Dealing Account, all assets can be transferred to that account with no charge. This request must be submitted in writing by the executor(s) and include the account number, name(s) and amount(s) of asset(s). If you would like a Selftrade Dealing Account but are not a Selftrade customer, you have the option to open an account before continuing the transfer process. To open a Selftrade Dealing Account please click here.

Transfer to Another Broker - Alternatively, you could request that the assets are transferred to another new broker if requested - our standard transfer charges would apply.

Certificated Withdrawal - Investments can be de-materialised and a certificate issued at a charge of £20 per line of stock. All certificates will be registered as requested in line with probate or small estates and sent out within approximately 4 weeks.

Submitted on 21st Aug 2018

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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